Intimation for allotment of 90,000 shares under the Cigniti ESOP Scheme, 2015 of the Company

Price reaction · full curve

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AI summary

Cigniti Technologies has allotted 90,000 equity shares with a face value of Rs. 10 each to employees who exercised stock options under the company's ESOP Scheme, 2015. The allotment was approved by the Board on November 26, 2025. As a result, the company's paid-up share capital has increased to 27,546,959 equity shares, totalling Rs. 275,469,590. The company is now working on getting these shares listed and tradable on the stock exchanges.

Likely market impact

This is a minor dilution event — 90,000 shares represent roughly 0.33% of the expanded equity base. The financial impact on existing shareholders is negligible, though existing shareholders now hold a slightly smaller percentage stake in the company.